U.S. ECO PREVIEW: Jobless Claims Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
Alert: HALISTER1- Initial Claims 240k; range 225k to 255k (44 estimates)
- Cont. Claims 2068k; range 2030k to 2072k (6 estimates)
- Today’s report coincides with survey week for government’s monthly employment survey; "low levels of jobless claims suggest that employers see solid economic conditions": Bloomberg Intelligence
- Claims have been below 300k for 102 consecutive weeks vs record 161 weeks that ended in April 1970
- Chi Fed NAI 0; range -0.15 to 0.1 (5 estimates)
Source: BFW (Bloomberg First Word)
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UUID: 7947283